Milk Price Tracker

[Martyn]

Just the reality of the situation all commodities are falling. Demand is falling.
im already scaling back investment plans paying back debt faster and will leave extra cash in the bank to get through next yr.

I'm able to offer in practice advice on cost cutting measures My June price is below 35ppl am I'm still plodding on!

 

[jondear]

Going down east devon for a wedding tomorrow, interesting to see how much dryer you guy have it ,most stuff is fair brown unless you have a rushy farm.

Depending on where In East Devon towards Honiton hills it's a bit greener .But near to Exeter bowl it's very dry now

 

[sidjon]

Depending on where In East Devon towards Honiton hills it's a bit greener .But near to Exeter bowl it's very dry now

Rockbeare

 

[jondear]

Rockbeare

Manor I expect . Virtually straight. South from us 3 miles

 

[sidjon]

Manor I expect . Virtually straight. South from us 3 miles

That's the place, apparently I need to be on best behaviour

 

[Beef farmer]

That's the place, apparently I need to be on best behaviour

Take plenty of cash

 

[sidjon]

Take plenty of cash

Who, what.......

 

[TheRanger]

I know one thing if prices drop much be a lot of cows on the market. Am I right in thinking cop contracts are based just on feed fuel fertilizer?

I believe some of them (Tesco) literally have access to part of the farms accounts, and calculate the overall COP, then average it across their producer pool. So F/F/F will be a big part of it, but not all of it.

 

[Tim G]

I wonder in how many other industries a supplier/manufacturer would let the customer look at their accounts and costs to decide how much (or how little) they pay for goods?

 

[coomoo]

I wonder in how many other industries a supplier/manufacturer would let the customer look at their accounts and costs to decide how much (or how little) they pay for goods?

Wasn’t a problem until the last 12 months

 

[Tim G]

Wasn’t a problem until the last 12 months

Why not? (genuine question).

 

[Martyn]

I wonder in how many other industries a supplier/manufacturer would let the customer look at their accounts and costs to decide how much (or how little) they pay for goods?

A lot of the producers have had a good milk price which has allowed for investment for 10 years +
I am surprised how quick they forget that, even now they are still getting above cost production including their time etc.

 

[coomoo]

Why not? (genuine question).

I’m guessing after blowing us all out of the water for years, now 42ppl isn’t touching the sides?

 

[som farmer]

Why not? (genuine question).

a good price, is only good, at that time, trade can go up, or down, so price should go up or down. Anyone thinking tesco's would pay the same price, for a 'changing' price, because they have had it at a good price, must be nuts. Hardnosed barstewards, is probably a good description of them.

 

[Quasarasara]

I suppose it can track the price, just be 5p or whatever behind it.

46ppl I think

 

[Quasarasara]

That makes no sense, it says they are reducing the Tesco price to 42.59ppl, but then goes on to say the Tesco price will continue to track the Muller Direct price (which is currently 47ppl for August 1st).

46ppl I think for Muller

 

[Shebb90]

So are we thinking at there is no more rises to come? That we are at the top? And soon going down?

 

[Davy]

Nothing like talking the job down..

 

[lazy farmer]

Is there an ostrich emoji ?

 

[Will Blackburn]

A lot of the producers have had a good milk price which has allowed for investment for 10 years +
I am surprised how quick they forget that, even now they are still getting above cost production including their time etc.

The price was good for 7 years and a moderate premium for 7 years. Given the last 7 years and seeing how the COP models do not track the real COP, ie there has been a great big fudge factor involved.
Indeed the COP prices have been an artificial ceiling to hold dairies standard prices down, only recently blown away by Arla’s price and their opening of the recruitment hotline.